Saudi PIF sells majority stake in Al-Hilal to Kingdom Holding in €350m deal

The Public Investment Fund (PIF) has agreed to sell a 70 per cent stake in Saudi Pro League club Al-Hilal to Kingdom Holding Company, marking a major shift in the ownership structure of one of the country’s biggest football teams. The deal, valued at approximately €350 million, sees the firm le

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Anthony Nlebem

Head of Sports at BusinessDay Media, a seasoned Digital Content Producer, and FIFA/CAF Accredited Journalist with over a decade of sports reporting.Has a deep understanding of the Nigerian and global sports landscape and skills in delivering comprehensive and insightful sports content.